Maggie has $30 in an account. The interest rate is 10% compounded annually. To the nearest cent, how much will she have in 1 year?

Thomas Li asked Jul 10, 2023

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29 votes

Maggie has $30 in an account. The interest rate is 10% compounded annually.

To the nearest cent, how much will she have in 1 year?

Thomas Li asked Jul 10, 2023

2.4k points

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28 votes

Answer:

30-$ (4x$6.50) Hopefully this is correct

Explanation:

Gellweiler answered Jul 16, 2023

2.9k points

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